720 E MONTECITO Avenue
Phoenix, AZ 85014
Encanto- 7 Beds
- 4 Baths
- 2,725 sqft
7 Beds
4 Baths
2,725 sqft
Homes for sale near 720 E MONTECITO Avenue
Apartments for Rent
Local Information
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Description
Montecito is a 4-unit apartment community located in the Midtown Phoenix Submarket. Built in 1955, the asset has been extensively renovated over the past few years and features (3) 2+1 units and (1) 1+1 unit . Current ownership has successfully run short-term rentals on 3 of the 4 units through Air BnB. New ownership will have the opportunity to take over the 3 units furnished and continue the current operation or run as a traditional apartment building. Significant capital is being invested in the immediate area with the addition of Fate Brewery and several new townhome developments around the corner. The property also sits in close proximity to Carl T Hayden VA Hospital, Brophy & Xavier Prep Schools, and provides easy access to Midtown & Downtown Phoenix.
CONTACT AGENT FOR COPY OF OM
CONTACT AGENT FOR COPY OF OM
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 31, 2024
Home Highlights
Parking
6 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 720 E MONTECITO Avenue
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 2725 Square Feet |
Appliances & Utilities Appliances: Built-In Range, Washer/Dryer |
Heating & Cooling Heating: IndividualHas CoolingAir Conditioning: IndividualHas HeatingHeating Fuel: Individual |
Gas & Electric Electric: APSHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Vinyl |
Levels, Entrance, & Accessibility Floors: Vinyl |
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Exterior Home Features Roof: Composition |
Parking & Garage Open Parking Spaces: 6No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: Other |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 197 |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Stucco, Block |
Property Information Parcel Number: 15519027 |
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Price List Price: $1,025,000 |
Status Change & Dates Off Market Date: Wed Dec 18 2024 |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: CAROLYN PLACE LOT 1-9, 46-54 |
School Information Elementary School District: Osborn Elementary DistrictHigh School District: Phoenix Union High School District |
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Building Area Building Area: 2725 Square Feet |
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Community Features: No Pool |
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Lot Area: 9095 sqft |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer |
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Mls Number: 6714468 |
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No Pool |
Last check for updates: about 13 hours ago
Listed by Bradley Skenderian, (949) 533-5594
Matthews Real Estate Investment Services
Bought with: Blanca Guerrero, (602) 518-5713, HomeSmart
Source: ARMLS, MLS#6714468

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 720 E MONTECITO Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 12/30/2024 | $1,000,000 | Sold | ARMLS #6714468 |
| 12/18/2024 | $1,025,000 | Pending | ARMLS #6714468 |
| 09/28/2024 | $1,025,000 | PriceChange | ARMLS #6714468 |
| 06/04/2024 | $1,100,000 | Listed For Sale | ARMLS #6714468 |
| 09/09/2019 | $789,000 | ListingRemoved | Agent Provided |
| 08/28/2019 | $789,000 | Listed For Sale | Agent Provided |
| 07/05/2018 | $230,000 | Sold | N/A |
| 07/31/2012 | $140,414 | Sold | N/A |
| 11/19/2009 | $135,000 | Sold | N/A |
| 09/04/2009 | $92,826 | Sold | N/A |
| 05/16/2008 | $285,000 | ListingRemoved | Agent Provided |
| 03/09/2008 | $285,000 | Listed For Sale | Agent Provided |
| 08/28/2007 | $235,000 | Sold | ARMLS #2709322 |
| 08/03/2004 | $187,000 | Sold | N/A |
| 08/30/2000 | $147,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,997 |
| Assessment | $734,000 |
Home facts updated by county records
Comparable Sales for 720 E MONTECITO Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $800,000 | 12/18/25 | 6 | 4 | 3,030 | |
0.52 | Multi-Family Home | $915,000 | 05/08/26 | 5 | 4 | 2,650 | |
0.59 | Multi-Family Home | $724,000 | 07/08/25 | 5 | 5 | 2,750 | |
0.65 | Multi-Family Home | $811,275 | 10/23/25 | 6 | 3 | 2,646 | |
0.62 | Multi-Family Home | $855,000 | 04/08/26 | 8 | 2 | 2,630 | |
0.53 | Multi-Family Home | $665,000 | 12/03/25 | 4 | 2 | 1,976 | |
0.77 | Multi-Family Home | $821,509 | 07/03/25 | 5 | 2 | 2,540 | |
0.60 | Multi-Family Home | $955,000 | 01/09/26 | 7 | 2 | 3,300 | |
0.49 | Multi-Family Home | $725,000 | 12/17/25 | 4 | 1 | 1,640 | |
0.54 | Multi-Family Home | $995,000 | 02/11/26 | 1 | 1 | 2,825 |
Assigned Schools
These are the assigned schools for 720 E MONTECITO Avenue.
What Locals Say about Encanto
At least 533 Trulia users voted on each feature.
88 % Say it's dog friendly
84 % Say there are sidewalks
80 % Say car is needed
79 % Say parking is easy
70 % Say yards are well-kept
68 % Say it's walkable to restaurants
68 % Say there's holiday spirit
59 % Say people would walk alone at night
58 % Say streets are well-lit
53 % Say it's quiet
51 % Say they plan to stay for at least 5 years
50 % Say it's walkable to grocery stores
48 % Say kids play outside
46 % Say neighbors are friendly
32 % Say there are community events
23 % Say there's wildlife
Learn more about our methodology.
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Homes for rent near 720 E MONTECITO Avenue
Off Market Homes Near 720 E MONTECITO Avenue
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720 E MONTECITO Avenue, Phoenix, AZ 85014 is a 7 bedroom, 4 bathroom, 2,725 sqft multi-family built in 1955. 720 E MONTECITO Avenue is located in Encanto, Phoenix. This property is not currently available for sale. 720 E MONTECITO Avenue was last sold on Dec 30, 2024 for $1,000,000 (2% lower than the asking price of $1,025,000). The current Trulia Estimate for 720 E MONTECITO Avenue is $937,300.

